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Skyward Specialty Insurance Group, Inc. SKWD Short-tail/Monoline Specialty Lines — Year 2

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Other financials

Income statement

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Revenue$475.9M+44.8%
Net income$49.7M+18.2%
EPS (diluted)$1.09+7.9%

Balance sheet

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Cash & equivalents$316.4M+106%
Total debt$3.2M-38.5%
Total equity$1.2B+44.0%
Total assets$6.5B+62.4%

Cash flow

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Operating cash flow$116.5M+20.4%
CapEx$1.7M+58.6%
Free cash flow$50.1M+140%

Valuation

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Market cap$2.21B-4.8%
P/E12.4×-6.3×
P/S1.4×-0.5×

Profitability

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Net margin11.4%+1.1pp
FCF margin28.4%+2.3pp

Returns & leverage

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Return on equity17.1%+1.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Skyward Specialty Insurance Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo.

The official record: Skyward Specialty Insurance Group, Inc.’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Skyward Specialty Insurance Group, Inc.'s short-tail/monoline specialty lines — year 2?
Skyward Specialty Insurance Group, Inc. (SKWD) reported short-tail/monoline specialty lines — year 2 of 38.1% in Q4 2025.
What does short-tail/monoline specialty lines — year 2 mean?
This metric captures the financial performance or claim development data for the second year of an underwriting cycle within the specialty lines segment. It allows for the evaluation of how loss estimates and profitability evolve as claims mature beyond the first year. Monitoring year-over-year development is key to assessing the accuracy of initial underwriting assumptions.